Home / Knowledge / News / Textiles / PTA & MEG prices increase in Asian markets
PTA & MEG prices increase in Asian markets
01
Feb '13
Paraxylene (PX) prices went down in Asian markets. In S E Asian region, PX prices declined and were assessed in the range of US$ 1705/ton to US$ 1710/ton. In F E Asian market, PX prices were offered at US$ 1685/ton. Prices of PX imported from Taiwanese market went down and were quoted in the range of US$ 1715/ton to US$ 1720/ton.
 
PTA prices increased in the Asian region. In S E Asian market, PTA prices went up and were offered in the range of US$ 1180/ton to US$ 1185/ton. In F E Asian market, PTA prices were quoted at US$ 1195/ton. Prices of PTA imported from Taiwanese market declined and were assessed in the range of US$ 1185/ton to US$ 1190/ton. In the Chinese domestic market, PTA prices maintained a stable trend and were quoted in the range of RMB 8800/ton to RMB 8850/ton.
 
Ethylene prices stayed steady in Asian markets. In S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 1395/ton to US$ 1400/ton. In F E Asian region, Ethylene prices remained unchanged at US$ 1350/ton. In the US market, Ethylene prices remained unchanged and were offered in the range of 65.50 cents/pound to 66.50 cents/pound. Ethylene prices were steady in the European international and domestic markets at US$ 1540/ton and € 1150/ton, respectively.
 
MEG prices surged in Asia. In S E Asian region, MEG prices increased and were assessed at US$ 1180/ton. In China market, MEG prices went up and were quoted in the range of US$ 1175/ton to US$ 1180/ton. In the Chinese domestic market, MEG prices increased and were offered in the range of RMB 8775/ton to RMB 8800/ton.
 
In S E Asian region, BG PET Chips prices were stable in the range of US$ 1550/ton to US$ 1600/ton and some deals were discussed in the range of US$ 1540/ton to US$ 1580/ton. In F E Asian market, selling offers were between US$ 1520/ton to US$ 1560/ton. In the Chinese market, BG PET Chips prices were steady at RMB 11400/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1430/ton to US$ 1450/ton. In Indian market, FOB based prices were quoted in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 10875/ton to RMB 10925/ton.
 
PSF prices maintained a steady trend in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1670/ton. In S E Asian market, PSF selling prices were quoted at US$ 1570/ton. In the Chinese domestic market, PSF prices were unchanged and were quoted in the range of RMB 11575/ton to RMB 11625/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices were stable at RMB 11550/ton, RMB 12900/ton and RMB 12000/ton, respectively. In export market, offers for POY, DTY and FDY kept unchanged and were quoted at US$ 1585/ton, US$ 1755/ton and US$1630/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search